704 E 123rd AveTampaFL33612
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Tampa at 704 E 123rd Ave, Tampa, FL, 33612 offers a 9.22% rental yield on a $165,000 purchase with $1,268/mo rent. Total monthly income registers $1,268/mo, and a $808/mo payment leaves $165/mo available for distribution. Annual cash flow reaches $1,981/yr on $54,698 to close, and return on cash invested stands at 23.53% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 122.99% and total cumulative return in cash at $67,271. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,268/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33612, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,160 (100%) |
| Owner Occupied HU | 7,168 (33.9%) |
| Renter Occupied HU | 11,906 (56.3%) |
| Vacant Housing Units | 2,086 ( 9.9%) |
| Median Home Value | $312,733 |
| Average Home Value | $367,372 |
Housing Distribution
Address Breakdown
Residential
18,648
Single Family
13,826
Multi-Family
4,822
Businesses
1,673
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